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BELTvsUSCLETF Comparison

ETF 1

BELT

iShares U.S. Select Equity Active ETF

This fund is part of

US Multi-Factor

-0.57%

Full BELT fund page

VS

ETF 2

USCL

iShares Climate Conscious & Transition MSCI USA ETF

This fund is part of

US Large Cap

-1.05%

Full USCL fund page

iShares U.S. Select Equity Active ETF (BELT) belongs to the US Multi-Factor segment. iShares Climate Conscious & Transition MSCI USA ETF (USCL) is part of the US Large Cap segment. BELT's top 3 sector exposures are Technology, Industrials and Finance. In contrast, USCL's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. BELT is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.08% for USCL. BELT is up 15.87% year-to-date (YTD) with +$222K in YTD flows. USCL performs worse with 5.93% YTD performance, and +$400M in YTD flows. Run a side-by-side ETF comparison of BELT and USCL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BELT vs USCL performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	BELT USCL	-0.66%+1.35%	+6.44%+3.90%	+15.87%+5.93%	+20.23%+13.39%	n/a+63.73%	n/an/a
Flows	BELT USCL	-+$239M	+$973K+$262M	+$222K+$400M	+$393K+$76M	--$538M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	BELT USCL	+20.87%+13.10%	+18.39%+12.83%	n/a+15.00%	n/an/a
Max drawdown	BELT USCL	-6.66%-4.98%	-11.49%-10.26%	n/a-18.99%	n/an/a
Max drawdown duration	BELT USCL	37d45d	163d94d	n/a128d	n/an/a

Trading data

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	BELT	USCL
Last sale 7/17/2026 at 1:30 PM	$38.30	$83.68
Previous close 07/16/2026	$38.91	$84.60
Consolidated volume 07/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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BELT

is actively managed and doesn’t replicate an index

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	BELT	USCL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/17/2026 at 1:30 PM

Live

Closed

	BELT	USCL
Last price	$38.30	$83.68
1D performance	-1.57%	-1.09%
AuM	$9.73 M	$2.80 B
E/R	0.75%	0.08%

Characteristics

	BELT	USCL
Management strategy	Active	Passive
Provider	iShares	iShares
Benchmark	-	MSCI USA Extended Climate Action Index
N° of holdings	502	405
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 17, 2024	June 8, 2023
ESG	No	Yes

More BELT data on Trackinsight

More USCL data on Trackinsight

Exposure

Countries

BELT

USA

86.57%

Netherlands

9.03%

Other

4.4%

USCL

USA

97.04%

Other

2.96%

Sectors

BELT

Technology

49.27%

Industrials

24.54%

Finance

9.15%

Consumer Non-Cycl.

9.06%

Other

7.99%

USCL

Technology

51.16%

Finance

10.32%

Consumer Non-Cycl.

9.32%

Healthcare

8.79%

Other

20.42%

Diversification

BELT

Total weight of top 15 holdings out of 15

90.9%

USCL

Total weight of top 15 holdings out of 15

51.71%

Top 15 holdings

Data as of May 31, 2026

BELT

Amazon.com, Inc.

8.82%

Howmet Aerospace, Inc.

8.72%

Broadcom Inc.

8.70%

Alphabet, Inc.

8.56%

Vertiv Holdings Co.

7.44%

Microsoft Corp.

7.13%

BlackRock Cash Funds - Treasury

5.97%

Intel Corp.

5.77%

Cadence Design Systems, Inc.

5.32%

ASML Holding NV

5.24%

Meta Platforms, Inc.

4.44%

Trane Technologies Plc

4.26%

Mastercard, Inc.

3.90%

Airbus SE

3.78%

Progressive Corp.

2.86%

USCL

NVIDIA Corp.

9.08%

Apple, Inc.

8.53%

Microsoft Corp.

5.92%

Amazon.com, Inc.

4.88%

Alphabet, Inc.

4.12%

Broadcom Inc.

3.74%

Alphabet, Inc.

3.24%

Meta Platforms, Inc.

2.59%

Tesla, Inc.

2.28%

Eli Lilly & Co.

1.65%

Advanced Micro Devices, Inc.

1.57%

JPMorgan Chase & Co.

1.12%

Visa, Inc.

1.02%

Johnson & Johnson

1.01%

Walmart, Inc.

0.95%

Frequently asked questions about BELT and USCL

How have the BELT and USCL ETFs performed in 2026?

As of July 16, 2026, BELT is up 15.87% year-to-date (YTD), while USCL has returned 5.93%. That puts BELT better performer ahead so far this year.

Which ETF is attracting more investor money: BELT or USCL?

Year-to-date, the BELT ETF saw +$222K in flows, compared to +$400M for USCL.

Which ETF is more volatile: BELT or USCL?

Over the past year, BELT had a volatility of 18.39%, while USCL experienced 12.83%.

Which ETF is bigger: BELT or USCL?

As of July 16, 2026, BELT holds $9.73 M in assets under management (AUM), while USCL manages $2.80 B.

What sectors do the BELT and USCL ETFs invest in?

BELT leans toward sectors like Technology, Industrials and Finance. Meanwhile, USCL focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the BELT ETF and USCL ETF?

BELT top holdings include Amazon.com, Inc., Howmet Aerospace, Inc. and Broadcom Inc.. USCL holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

BELTvsUSCLETF Comparison

iShares U.S. Select Equity Active ETF

iShares Climate Conscious & Transition MSCI USA ETF

BELT vs USCL performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the BELT and USCL ETFs performed in 2026?

As of July 16, 2026, BELT is up 15.87% year-to-date (YTD), while USCL has returned 5.93%. That puts BELT better performer ahead so far this year.

Which ETF is attracting more investor money: BELT or USCL?

Year-to-date, the BELT ETF saw +$222K in flows, compared to +$400M for USCL.

Which ETF is more volatile: BELT or USCL?

Over the past year, BELT had a volatility of 18.39%, while USCL experienced 12.83%.

Which ETF is bigger: BELT or USCL?

As of July 16, 2026, BELT holds $9.73 M in assets under management (AUM), while USCL manages $2.80 B.

What sectors do the BELT and USCL ETFs invest in?

BELT leans toward sectors like Technology, Industrials and Finance. Meanwhile, USCL focuses on Technology, Finance and Consumer Non-Cyclicals.

What are the top holdings of the BELT ETF and USCL ETF?

BELT top holdings include Amazon.com, Inc., Howmet Aerospace, Inc. and Broadcom Inc.. USCL holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: BELT or USCL?

BELT holds 505 securities with 90.9% of its assets in the top 15. USCL has 406 securities and a top 15 weight of 51.71%.

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